Scott Harris can invest $7,000 in a 1-year CD that earns interest at an annual rate of 4 percent compounded monthly. The amount
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Answer:
8978 grams
Step-by-step explanation:
The equation to find the half-life is:
N(t) = amount after the time <em>t</em>
= initial amount of substance
t = time
It is known that after a half-life there will be twice less of a substance than what it intially was. So, we can get a simplified equation that looks like this, in terms of half-lives.
or more simply
= time of the half-life
We know that = 35,912, t = 14,680, and
=7,340
Plug these into the equation:
Using a calculator we get:
N(t) = 8978
Therefore, after 14,680 years 8,978 grams of thorium will be left.
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